Latest opinions that Ivy Schmerken has shared on Finextra

Join the Community

23,493

Expert opinions

41,329

Total members

335

New members (last 30 days)

176

New opinions (last 30 days)

29,138

Total comments

Join Sign in

Ivy Schmerken

Editorial Director

FlexTrade Systems

Member since

20 Jul 2015

Location

Great Neck

View Ivy Schmerken's full profile

Ivy's opinions

Revised SEC Rule 606 Shines the Light on Order Routing Disclosures

Change is brewing in the way that sell-side order routing data is reported to institutional customers. Broker-dealers will begin collecting vast amounts of data on January 1st for compliance with the revised SEC Rule 606 next year, shining the light on where brokers route U.S. equity orders in today’s highly automated, dispersed and complex nation...

10 December 2019 /regulation Capital Markets Technology

Exchange Landscape Gearing Up for Expansion in 2020

As a sign of the evolving U.S. equity trading landscape, two startups and one options exchange operator plan to launch as many as three new exchange platforms in 2020, and a fourth could be waiting in the wings. Members Exchange (MEMX), Long Term Stock Exchange (LTSE), and Miami International Holdings, operator of the MIAX Exchange Group, plan to c...

22 October 2019 /regulation Capital Markets Technology

AI: Natural Language Processing and the Battle for Unstructured Data

With digital transformation in full swing, trading desks are inundated with emails, voice calls and chat to process and analyze. Most of this data needs to be captured, tagged and stored for regulatory purposes. But in capital markets, keeping up with the torrent of research reports in email, quote requests, and chat conversations with clients can ...

09 September 2019 /ai Capital Markets Technology

Algo Wheels Spinning into Futures

Algo wheels have become a popular technology in equities trading, but now there are signs that algo wheels are expanding beyond equities into multiple asset classes such as futures. In equities, the measurement tool, integrated with an execution management system, enables firms to automate the algo selection process, quickly switch from one strateg...

23 August 2019 /regulation Capital Markets Technology

U.S. to Study Effects of MiFID II Research Unbundling

U.S. lawmakers authorized a study focusing on the provision of investment research for small issuers, a sign they are wary of the U.S. adopting the European Union’s MIFID II unbundling rules which have brought sweeping changes to the research business. On July 9, the House of Representatives passed a bipartisan bill requiring the Securities and Exc...

31 July 2019 /regulation MiFID

MiFID II Research Unbundling Spreads Uncertainty to the U.S

Eighteen months after MiFID II rules to unbundle research payments from executions have been in force in Europe, U.S. asset managers are dealing with uncertainty around paying for research and how to compete with global firms that adopt the EU rules. Many US asset managers are evaluating the need for increased transparency in their own research pay...

15 July 2019 /regulation MiFID

Singapore Spurs Development of FX Trading Hub & Ecosystem

With the uptick in Asian currency trading and the growth of electronic trading, Singapore’s regulator is working with the financial industry to build an FX trading hub and expand FX market infrastructure, a move to improve liquidity and price discovery during Asian trading hours. The Monetary Authority of Singapore (MAS) is offering financial ince...

17 June 2019 /regulation Capital Markets Technology

Buy Side Savviness for Data Analysis Shakes Up Broker Allocations

As asset managers become more data-driven in their analysis of execution quality, they are reallocating order flows among their broker-dealer relationships at a faster pace. That finding provided the context for a recent Greenwich Associates webinar “Best Execution: How the Buy Side Measures it, How the Sell Side Produces it.” Panelists discussed t...

05 June 2019 /regulation Capital Markets Technology

Bringing it All Together: Application Interoperability for Traders

The proliferation of software applications on financial desktops is a sign of innovation in capital markets. It’s quite common for traders and portfolio managers to rely upon multiple applications as part of their complex workflows. Financial users are often accessing multiple applications on the desktop, toggling between different windows, clickin...

02 May 2019 Capital Markets Technology

Avoiding the Herd in Overcrowded Alt Data

Fundamental investment managers are mining alternative data, but some worry that the same data sets have been sold to too many people and the strategies may be overcrowded. Experts at a recent panel discussion on alternative data brought some clarity to how alternative data is categorized and what are the big challenges faced by fundamental asset m...

18 April 2019 Hedge Fund Technology

Community